What is the approximate cost per record when scanning 250,000 records for $195,000?

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Multiple Choice

What is the approximate cost per record when scanning 250,000 records for $195,000?

Explanation:
Unit cost is found by dividing the total cost by the number of records. Divide 195,000 by 250,000 and you get 0.78. Multiplying back, 0.78 × 250,000 equals 195,000, confirming the amount. So the approximate cost per record is $0.78 (78 cents) per record. This kind of calculation helps you budget for data projects by estimating how much each individual record costs.

Unit cost is found by dividing the total cost by the number of records. Divide 195,000 by 250,000 and you get 0.78. Multiplying back, 0.78 × 250,000 equals 195,000, confirming the amount. So the approximate cost per record is $0.78 (78 cents) per record. This kind of calculation helps you budget for data projects by estimating how much each individual record costs.

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